Describes 1997 law and various tax restructuring proposals with respect to individuals and families, and provides an analysis of issues relating to tax restructuring and the impact on individuals and families. Provides a description of present-law provisions relating to the individual income tax, payroll taxes, estate and gift taxes, and certain excise taxes. Describes the proposed tax restructuring alternatives. Analyzes issues relating to tax restructuring proposals and the taxation of individuals and families. Provides data on the marriage penalty or bonus under the Fed. income tax, and data on income and payroll tax liabilities of median income families.A. National Retail Sales Tax 1. In general As the name implies, a retail sales tax is a tax imposed on the retail sales price (i.e., sales to consumers, but not sales of inputs to businesses) of taxable goods or services. The Federal governmentanbsp;...
|Title||:||Impact on Individuals and Families of Replacing the Federal Income Tax|
|Author||:||Bill Archer, William V. Roth, Jr.|
|Publisher||:||DIANE Publishing - 2000-07-01|